HS Icon Refined Petroleum in  Flag Netherlands

2019
Exports | Imports
: $46.2B | $41.8B, World Rnk 3 / 214
Flag Rnk 1 / 1215 | World Rnk 2 / 225
Flag Rnk 2 / 1212

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.31B | $345M, United States |  India

2019
ECONOMIC COMPLEXITY of Netherlands
: 1.2, Rnk 22 / 147

2019
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.87, Rnk 800 / 1029

Exports In 2019, Netherlands exported $46.2B in Refined Petroleum, making it the 3rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most exported product in Netherlands. The main destination of Refined Petroleum exports from Netherlands are: Germany ($11.3B), Belgium ($7.01B), Nigeria ($4.33B), United States ($3.94B), and United Kingdom ($3.29B).

The fastest growing export markets for Refined Petroleum of Netherlands between 2018 and 2019 were United States ($1.31B), Germany ($618M), and Nigeria ($491M).

Imports In 2019, Netherlands imported $41.8B in Refined Petroleum, becoming the 2nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Netherlands. Netherlands imports Refined Petroleum primarily from: Russia ($12.4B), Belgium ($5.34B), India ($3.34B), United Kingdom ($3.14B), and United States ($2.11B).

The fastest growing import markets in Refined Petroleum for Netherlands between 2018 and 2019 were India ($345M), Turkey ($246M), and China ($184M).

Tariffs In 2017, the average tariff for Netherlands in Refined Petroleum was 0.92%. The countries with the highest import tariffs for Refined Petroleum were Western Sahara (Most Favoured Nation duty rate treatement, 2.54%), Gabon (Most Favoured Nation duty rate treatement, 2.54%), Libya (Most Favoured Nation duty rate treatement, 2.54%), Mayotte (Most Favoured Nation duty rate treatement, 2.54%), and Reunion (Most Favoured Nation duty rate treatement, 2.54%).

Historical Data

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EXPORTS (2019): $46.2B

IMPORTS (2019): $41.8B

NET TRADE (2019): $4.44B

In 2019, Netherlands exported $46.2B in Refined Petroleum. The main destinations of Netherlands exports on Refined Petroleum were Germany ($11.3B), Belgium ($7.01B), Nigeria ($4.33B), United States ($3.94B), and United Kingdom ($3.29B).

In 2019, Netherlands imported $41.8B in Refined Petroleum, mainly from Russia ($12.4B), Belgium ($5.34B), India ($3.34B), United Kingdom ($3.14B), and United States ($2.11B).

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IN 2019, Netherlands HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

IN 2019, Netherlands HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Netherlands WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Netherlands WERE (2018 - 2019):

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Market Concentration

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In 2019, Netherlands's main exporting competitors in Refined Petroleum were:

In 2019, Netherlands's main importing competitors in Refined Petroleum were:

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Tariffs by Country

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In 2017, the average tariff for Netherlands in Refined Petroleum was 0.92%.

The countries with the highest tariffs for Refined Petroleum in Netherlands were Western Sahara (Most Favoured Nation duty rate treatement, 2.54%), Gabon (Most Favoured Nation duty rate treatement, 2.54%), Libya (Most Favoured Nation duty rate treatement, 2.54%), Mayotte (Most Favoured Nation duty rate treatement, 2.54%), and Reunion (Most Favoured Nation duty rate treatement, 2.54%).